GREATER BOSTON REAL ESTATE BOARD: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
GREATER BOSTON REAL ESTATE BOARD (EIN 04-1107040)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-10-06
IRS object ID
202342799349300204
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-10-06T07:42:56-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN263753134PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CBIZ MHM LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 BOYLSTON STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02116ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN041107040EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GREATER BOSTON REAL ESTATE BOARDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGREABusinessNameControlTxt
Phone6174238700PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1THREE CENTER PLAZA MEZZANINE SUITEAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02108ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGREGORY VASILPersonNm
Person TitleCEOPersonTitleTxt
Phone6174238700PhoneNum
Signature2023-09-20SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstGREGORYPersonFirstNm
Person LastVASILPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCRAIG KLEINPreparerPersonNm
PTINP00734640PTIN
Phone6177610600PhoneNum
Preparation2023-09-20PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerGREGORY VASILPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1THREE CENTER PLAZA MEZZANINE SUITEAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02108ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$7,567,042GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.GBREB.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1889FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTHE GREATER BOSTON REAL ESTATE BOARD WAS INCORPORATED AS A NOT-FOR-PROFIT ORGANIZATION TO ADVOCATE, EDUCATE, INFORM AND SERVE MEMBERS OF THE REAL ESTATE INDUSTRY.ActivityOrMissionDesc
Voting Members Governing Body25VotingMembersGoverningBodyCnt
Voting Members Independent25VotingMembersIndependentCnt
Total Employee30TotalEmployeeCnt
Total Volunteers150TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$4,483,743PYContributionsGrantsAmt
CY Contributions Grants$4,333,834CYContributionsGrantsAmt
PY Program Service Revenue$1,644,855PYProgramServiceRevenueAmt
CY Program Service Revenue$2,384,123CYProgramServiceRevenueAmt
PY Investment Income$43,545PYInvestmentIncomeAmt
CY Investment Income$59,175CYInvestmentIncomeAmt
PY Other Revenue$629,407PYOtherRevenueAmt
CY Other Revenue$776,810CYOtherRevenueAmt
PY Total Revenue$6,801,550PYTotalRevenueAmt
CY Total Revenue$7,553,942CYTotalRevenueAmt
PY Grants And Similar Paid$461,540PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$155,500CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,531,158PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,765,463CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$3,051,666PYOtherExpensesAmt
CY Other Expenses$3,827,438CYOtherExpensesAmt
PY Total Expenses$6,044,364PYTotalExpensesAmt
CY Total Expenses$6,748,401CYTotalExpensesAmt
PY Revenues Less Expenses$757,186PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$805,541CYRevenuesLessExpensesAmt
Total Assets BOY$10,089,510TotalAssetsBOYAmt
Total Assets EOY$11,077,107TotalAssetsEOYAmt
Total Liabilities BOY$2,885,180TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,669,853TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$7,204,330NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$7,407,254NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE GREATER BOSTON REAL ESTATE BOARD WAS INCORPORATED AS A NOT-FOR-PROFIT ORGANIZATION TO ADVOCATE, EDUCATE, INFORM AND SERVE MEMBERS OF THE REAL ESTATE INDUSTRY. THE BOARD CONTINUES TO FOSTER AND PROMOTE HIGH ETHICAL STANDARDS IN ALL REAL ESTATE TRANSACTIONS, MONITOR AND COMMENT UPON LEGISLATIVE MEASURES AFFECTING REAL ESTATE, PROTECT PRIVATE PROPERTY RIGHTS, ADMINISTER AN ARBITRATION PROCESS FOR SETTLING BUSINESS DISPUTES, AND PROVIDE OUTSTANDING CONTINUING EDUCATION FOR ITS MEMBERSHIP.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Revenue$3,160,933RevenueAmt
DescTHE GREATER BOSTON REAL ESTATE BOARD (THE "BOARD") WAS INCORPORATED IN 1889 AS A PRIVATE NOT-FOR-PROFIT MEMBERSHIP ORGANIZATION FOR THE PURPOSE OF ADVOCACY, EDUCATION, INFORMATION AND SERVICE FOR THE REAL ESTATE INDUSTRY AND IS THE OLDEST AND LARGEST REAL ESTATE BOARD IN MASSACHUSETTS. THE BOARD REPRESENTS ITS CONSTITUENCY BY OFFERING MEMBERSHIP IN THE FOLLOWING DISTINCT DIVISIONS:GREATER BOSTON ASSOCIATION OF REALTORS ("GBAR")AS THE BOARD'S LARGEST DIVISION, GBAR PROVIDES EDUCATION PROGRAMS IN ITS CENTER FOR PROFESSIONAL DEVELOPMENT, COUNSELING ON THE NATIONAL ASSOCIATION OF REALTORS CODE OF ETHICS, ARBITRATION SERVICES AND INDUSTRY STANDARDS REAL ESTATE FORMS.MASSACHUSETTS APARTMENT ASSOCIATION ("MAA")MMA REPRESENTS AND PROTECTS THE INTEREST AND RIGHTS OF RENTAL HOUSING OWNERS AND MANAGERS THROUGH THE STATE. MMA PROVIDES LEGISLATIVE AND REGULATORY REPRESENTATION, PROFESSIONAL EDUCATION, STANDARD RENTAL FORMS AND UPDATES ON INDUSTRY TRENDS AND DEVELOPMENTS.BUILDING OWNERS AND MANAGERS ASSOCIATION ("BOMA")REPRESENTING COMMERCIAL BUILDING OWNERS AND MANAGERS, BOMA PROVIDES INFORMATION TO MEMBER DEVELOPERS, OWNERS, ASSET AND PROPERTY MANAGERS AND ATTORNEYS, ADVOCACY AT THE LOCAL, STATE AND NATIONAL LEVEL AND PROFESSIONAL EDUCATION.REAL ESTATE FINANCE ASSOCIATION ("REFA")REFA PROVIDES FINANCIAL INFORMATION TO COMMERCIAL REAL ESTATE FINANCE PROFESSIONALS IN THE BANKING, INSURANCE, MORTGAGE BANKING AND BROKER, INVESTOR, ADVISOR, LEGAL, APPRAISER AND CONSULTING INDUSTRIES. REFA OFFERS A WIDE VARIETY OF MEMBER SERVICES INCLUDING INFORMATIVE INDUSTRY UPDATES, ROUNDTABLE DISCUSSIONS AND EDUCATION PROGRAMS.COMMERCIAL BROKERS ASSOCIATION ("CBA")THE LARGEST ORGANIZATION OF COMMERCIAL BROKERS IN MASSACHUSETTS, CBA PROVIDES MEMBERS WITH A VARIETY OF INFORMATIVE PROGRAMS, CONTINUING EDUCATION AND INDUSTRY UPDATES.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document33IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee30EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members25GoverningBodyVotingMembersCnt
Independent Voting Member25IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonGREGORY VASIL CEOPersonNm
Phone6173997862PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1THREE CENTER PLAZA MEZZANINE SUITEAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02108ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
LYNN BORA
CHAIR2.000.50Yes (X)Yes (X)$0$0$0
KATE FRANCO
CHAIR-ELECT1.000.50Yes (X)Yes (X)$0$0$0
MICHAEL S EDWARD
TREASURER1.000.50Yes (X)Yes (X)$0$0$0
BILL TANSKI
CLERK/ASST. TREASURER1.000.50Yes (X)Yes (X)$0$0$0
DINO CONFALONE
FINANCE CHAIR1.000.50Yes (X)$0$0$0
GUY CORRICELLI
DIRECTOR1.000.50Yes (X)$0$0$0
MARIA FARIAS
DIRECTOR1.000.50Yes (X)$0$0$0
JENNIFER TWOMBLY
DIRECTOR1.000.50Yes (X)$0$0$0
PETER EVANS
DIRECTOR1.000.50Yes (X)$0$0$0
ALISON POWERS
DIRECTOR1.000.50Yes (X)$0$0$0
MELVIN VIEIRA
DIRECTOR1.000.50Yes (X)$0$0$0
ALISON SOCHA
DIRECTOR1.000.50Yes (X)$0$0$0
PETER LEWIS
DIRECTOR1.000.50Yes (X)$0$0$0
JESSICA BUONOPANE
DIRECTOR1.000.50Yes (X)$0$0$0
LAUREN O'NEIL
DIRECTOR1.000.50Yes (X)$0$0$0
NILESH BUBNA
DIRECTOR1.000.50Yes (X)$0$0$0
NEDA VANDER STOEP
DIRECTOR1.000.50Yes (X)$0$0$0
MAGALIE JEAN-MICHEL
DIRECTOR1.000.50Yes (X)$0$0$0
DICK LEE
DIRECTOR1.000.50Yes (X)$0$0$0
TANISHA SALMON
DIRECTOR1.000.50Yes (X)$0$0$0
LARRY RIDEOUT
DIRECTOR1.000.50Yes (X)$0$0$0
GAIL LOCKBERG
DIRECTOR1.000.50Yes (X)$0$0$0
KAREN FISH-WILL
DIRECTOR1.001.50Yes (X)$0$0$0
WILLIAM DERMODY
DIRECTOR1.000.50Yes (X)$0$0$0
ERICKA CLARKE
DIRECTOR1.000.50Yes (X)$0$0$0
ADAM KOZOL
DIRECTOR OF FINANCE36.004.00Yes (X)$121,367$0$33,438
GREGORY VASIL
CEO40.004.00Yes (X)$321,360$0$40,833
PATRICIA BAUMER
DIRECTOR OF GOVT. AFFAIRS40.000.50$119,603$0$14,618Yes (X)
JOHN DULCZEWSKI
EXECUTIVE DIRECTOR40.000.50$167,386$0$16,381Yes (X)
ADRIENNE MALEY
EXECUTIVE DIRECTOR40.000.50$176,534$0$16,691Yes (X)
CATHERINE STEWART
DIRECTOR OF ADMINISTRATION40.000.50$112,327$0$14,178Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,018,577TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$136,139TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K6IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Membership Dues$4,333,834MembershipDuesAmt
Total Contributions$4,333,834TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescFUNCTIONS & EDUCATIONDesc
Business900099BusinessCd
Total Revenue Column$2,384,123TotalRevenueColumnAmt
Related Or Exempt Func Income$2,384,123RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$2,384,123TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$59,175TotalRevenueColumnAmt
Exclusion$59,175ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$290,087GrossSalesOfInventoryAmt
Cost Of Goods Sold$13,100CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$276,987TotalRevenueColumnAmt
Related Or Exempt Func Income$276,987RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MLS INCOME900099$127,685$127,685
MANAGEMENT FEES900099$32,952$32,952

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$339,186TotalRevenueColumnAmt
Related Or Exempt Func Income$339,186RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$499,823OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,553,942TotalRevenueColumnAmt
Related Or Exempt Func Income$3,160,933RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$59,175ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$155,500TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$516,998TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,809,793TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$8,709TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$279,378TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$150,585TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$52,964TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$58,105TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$129,364TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$9,497TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$294,091TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$221,939TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$255,246TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$514,786TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$111,970TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,378,071TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$282,568TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$87,386TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$41,584TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
UTILITIES$63,443
SPECIAL PROJECT$61,720
DUES & SUBSCRIPTIONS$35,447
REPAIR & MAINTENACE$33,361

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$195,896TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$6,748,401TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,512,206BOYAmt
EOY$603,395EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,661,412BOYAmt
EOY$4,012,528EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$218,456BOYAmt
EOY$436,840EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$222,154BOYAmt
EOY$208,985EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,919,032LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,648,947LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,334,878BOYAmt
EOY$1,270,085EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$4,140,404BOYAmt
EOY$3,593,341EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$951,933EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$10,089,510BOYAmt
EOY$11,077,107EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$791,454BOYAmt
EOY$721,277EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,653,361BOYAmt
EOY$1,938,345EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$440,365BOYAmt
EOY$1,010,231EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,885,180BOYAmt
EOY$3,669,853EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$7,204,330BOYAmt
EOY$7,407,254EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,204,330BOYAmt
EOY$7,407,254EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$10,089,510BOYAmt
EOY$11,077,107EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$805,541ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$602,617NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House Lobbying0OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd
Dues Assessments$4,333,834DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$288,317NonDeductibleLbbyngPltclCYAmt
Non Deductible Lbbyng Pltcl Tot$288,317NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$329,581AggregateReportedDuesNtcAmt
Taxable-$41,264TaxableAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$403,700OtherCostOrOtherBasisAmt
Book Value$403,700BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$426,300OtherCostOrOtherBasisAmt
Depreciation$94,726DepreciationAmt
Book Value$331,574BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,486,259OtherCostOrOtherBasisAmt
Depreciation$1,444,777DepreciationAmt
Book Value$41,482BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$602,773OtherCostOrOtherBasisAmt
Depreciation$109,444DepreciationAmt
Book Value$493,329BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,270,085TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescRIGHT-OF-USE ASSETDesc
Book Value$951,933BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$951,933TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DUE TO GBREB FOUNDATION$24,498
CURRENT LEASE LIABILITY$985,733
FieldValueIRS element (for citing)
Total Liability$1,010,231TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$6,964,425TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$602,617NetUnrealizedGainsInvstAmt
Other Revenue$13,100OtherRevenueAmt
Revenue Not Reported-$589,517RevenueNotReportedAmt
Revenue Subtotal$7,553,942RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$7,553,942TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$6,761,501TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$13,100OtherExpensesIncludedAmt
Expenses Not Reported$13,100ExpensesNotReportedAmt
Expenses Subtotal$6,748,401ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$6,748,401TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE ORGANIZATION ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. INTEREST AND PENALTIES ASSESSED, IF ANY, ARE ACCRUED AS INCOME TAX EXPENSE. THE ORGANIZATION HAS IDENTIFIED ITS TAX STATUS AS A TAX-EXEMPT ENTITY AND ITS DETERMINATIONS AS TO INCOME BEING RELATED AND UNRELATED AS ITS ONLY SIGNIFICANT TAX POSITIONS; HOWEVER, THE ORGANIZATION HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE ORGANIZATION IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. FEDERAL AND STATE INCOME TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS AFTER THE DATE OF THE FILING OF THE RELATED RETURN.
PART XI, LINE 2D - OTHER ADJUSTMENTS:COST OF GOODS SOLD - NETTED ON PAGE 9 LINE 10B 13,100.
PART XII, LINE 2D - OTHER ADJUSTMENTS:COST OF GOODS SOLD - NETTED ON PAGE 9 LINE 10B 13,100.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1GREATER BOSTON REAL ESTATE BOARD FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1THREE CENTER PLAZA MEZZANINE SUITEAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02108ZIPCd
FieldValueIRS element (for citing)
Recipient EIN223299681RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$155,500CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantTO FUND THE SCHOLARSHIP PROGRAMPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationFOR GRANTS MADE TO HOUSING RELATED CHARITIES, CHARITIES SUBMIT A WRITTEN PROPOSAL EXPLAINING WHY THEY SHOULD BE SELECTED AND WHAT THE CONTRIBUTION WILL BE USED FOR. COMMITTEES OF GBREB EVALUATE THE PROPOSALS TO SELECT THE GRANT RECIPIENTS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
GREGORY VASIL
CEO$309,000$0$12,360$0$0$0$9,150$0$31,683$0$362,193$0$0$0
ADRIENNE MALEY
EXECUTIVE DIRECTOR$169,744$0$6,790$0$0$0$5,296$0$11,395$0$193,225$0$0$0
JOHN DULCZEWSKI
EXECUTIVE DIRECTOR$160,948$0$6,438$0$0$0$5,022$0$11,359$0$183,767$0$0$0
ADAM KOZOL
DIRECTOR OF FINANCE$116,699$0$4,668$0$0$0$3,641$0$29,797$0$154,805$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BAN E-COPY OF THE FORM 990 IS E-MAILED TO THE BOARD MEMBERS PRIOR TO THE MONTHLY BOARD MEETING, IN TIME FOR THE BOARD TO REVIEW AND PREPARE QUESTIONS. THE DOCUMENT IS THEN REVIEWED BY THE CFO AND THE BOARD MEMBERS AT THE MONTHLY BOARD MEETING PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO ALL TRUSTEES AND OFFICERS. SIGNED DISCLOSURE ARE RETURNED TO THE DIRECTOR OF FINANCE WHO REVIEWS THE FORMS FOR POTENTIAL CONFLICTS. AN INDIVIDUAL FOUND TO HAVE A CONFLICT WOULD BE BARRED FROM THE DISCUSSIONS OR VOTE ON THE CONFLICTING MATTER.
FORM 990, PART VI, SECTION B, LINE 15THE CEO, EXECUTIVE DIRECTOR(S), AND CFO WERE PAID BASED ON AVERAGE WAGES FOR SIMILAR POSITIONS AND YEARS OF EXPERIENCE. THE PROCESS INCLUDED THE FOLLOWING: * REVIEW AND APPROVAL BY A GOVERNING BODY OR COMPENSATION COMMITTEE, WITH NO PARTICIPATION BY INTERESTED PERSONS (INCLUDES FAMILY & BUSINESS ASSOCIATES). * USE OF DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. * CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS INCLUDING ITS CONFLICT OF INTEREST POLICY, AND ITS FINANCIAL STATEMENTS, AVAILABLE TO THE PUBLIC UPON REQUEST IN WRITING OR IN PERSON TO GREATER BOSTON REAL ESTATE BOARD. THE DIRECTOR OF FINANCE WILL PROVIDE THE INFORMATION.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
GREATER BOSTON REAL ESTATE BOARD FOUNDATION
3 CENTER PLAZABOSTONMA02108223299681TO MAKE GRANTS TO CHARITABLE ORGANIZATION IN GREATER BOSTON.MA501(C)(3)7GREATER BOSTON REAL ESTATE BOARDYes (1)
GREATER BOSTON REAL ESTATE BOARD - PAC
3 CENTER PLAZABOSTONMA02108043468188POLITICAL ACTION COMMITTEEMA527N/AGREATER BOSTON REAL ESTATE BOARDYes (1)
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (1)LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1GREATER BOSTON REAL ESTATE BOARD FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeBTransactionTypeTxt
Involved$155,500InvolvedAmt
Method Of Amount DeterminationBOOKMethodOfAmountDeterminationTxt

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